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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: blake roberts who wrote (3625)12/9/1999 2:32:00 AM
From: Ghassan I. Ghandour  Read Replies (2) of 5102
 
I think hypesters should confine themselves to the Yahoo board. SI is for serious talk.

IMO the stock is going to have a very hard time breaking through the MAJOR resistance at 15. It has behaved exactly as I pointed out in my last post on this board. Short term support is at 13 (not a major one though). If we do break 15 -- on heavy volume, then we will fly to 20 in no time.

But, look at the offers to sell on Island. They are mostly, and heavily concentrated at 15, while bids are mostly nearer to 13.

Yesterday's news, after the bell, was known and anticipated for a while.

Go INPR...

Ghassan.
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